Market Overview:
The Global Cultured Stone Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cultured stone in commercial and residential applications. The other type segment is projected to grow at the highest CAGR during the forecast period, owing to its growing popularity among consumers. In terms of region, North America is expected to lead the global cultured stone market in terms of revenue by 2030 end.
Product Definition:
Cultured stone is a man-made product made from natural stone that has been crushed and then combined with a resin. It is often used as an exterior siding for homes or businesses and can be painted or stained to match the desired color scheme. Cultured stone can also be used for interior walls, fireplaces, and other features in the home.
Slate:
Slate is a naturally occurring mineral, made up of magnesium silicate. It can be classified as either kyanite or syenite depending on its composition and structure. The primary difference between the two is that while kyanite contains potassium oxide (K), syenite contains sodium oxide (Na). Kyanite has a higher melting point than slate, around 800°C compared to 700°C; however, both are relatively soft and flexible.
Brick:
Brick is a clay product, which is composed of around 90% of minerals including calcium carbonate and 10% water. It has high plasticity and low plasticizer content as compared to concrete. The material can be classified into two types: red brick (cooked clay) and white brick (unfired clay).
Application Insights:
The commercial application segment led the global market and accounted for more than 70.0% share of the total revenue in 2017. The segment is likely to witness significant growth on account of increasing construction activities in major economies such as China, India and Australia due to rapid urbanization coupled with rising disposable income among the middle-class population. In addition, a rise in tourism is expected to drive product demand for use as countertops, flooring and table top throughout various hotels & restaurants over the coming years.
Residential application was one of the fastest growing segments owing to increasing consumer preference for low maintenance cost products with natural look and feel that complement interiors without being too artificial or man-made looking.
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of 33.0% in 2017. This is attributed to increasing construction activities on account of rising demand for housing and commercial buildings, especially in countries such as Germany, Italy, France and U.K., which are major consumers of cultured stone products globally.
Asia Pacific is expected to witness significant growth over the forecast period owing to rapid urbanization along with growing population mainly in China and India that has led to increased infrastructure development including roads, hospitals/schools/infrastructures across these countries will drive industry growth over the next eight years or so. In addition, rising disposable income coupled with an increase in residential construction activities will further propel regional product demand during the forecast period from 2018 to 2030 (see Table 1).
Growth Factors:
- Increasing demand for natural stone in construction industry
- Rising disposable income of the consumers
- Technological advancements in the manufacturing process of cultured stone
- Growing popularity of green building practices
- Government initiatives and regulations to promote use of natural stones
Scope Of The Report
Report Attributes
Report Details
Report Title
Cultured Stone Market Research Report
By Type
Slate, Brick, Other
By Application
Commercial, Residential
By Companies
CSR, Boral, Owens Corning, Coronado Stone Products, ProVia, ENVIRONMENTAL STONEWORKS, Centurion Stone, Belgard, APE Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Cultured Stone Market Report Segments:
The global Cultured Stone market is segmented on the basis of:
Types
Slate, Brick, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CSR
- Boral
- Owens Corning
- Coronado Stone Products
- ProVia
- ENVIRONMENTAL STONEWORKS
- Centurion Stone
- Belgard
- APE Group
Highlights of The Cultured Stone Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Slate
- Brick
- Other
- By Application:
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cultured Stone Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cultured Stone is a type of stone that has been treated with chemicals, heat, or pressure to alter its physical properties.
Some of the major players in the cultured stone market are CSR, Boral, Owens Corning, Coronado Stone Products, ProVia, ENVIRONMENTAL STONEWORKS, Centurion Stone, Belgard, APE Group.
The cultured stone market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cultured Stone Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cultured Stone Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cultured Stone Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cultured Stone Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cultured Stone Market Size & Forecast, 2018-2028
4.5.1 Cultured Stone Market Size and Y-o-Y Growth
4.5.2 Cultured Stone Market Absolute $ Opportunity
Chapter 5 Global Cultured Stone Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cultured Stone Market Size Forecast by Type
5.2.1 Slate
5.2.2 Brick
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cultured Stone Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cultured Stone Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cultured Stone Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cultured Stone Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cultured Stone Analysis and Forecast
9.1 Introduction
9.2 North America Cultured Stone Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cultured Stone Market Size Forecast by Type
9.6.1 Slate
9.6.2 Brick
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cultured Stone Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cultured Stone Analysis and Forecast
10.1 Introduction
10.2 Europe Cultured Stone Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cultured Stone Market Size Forecast by Type
10.6.1 Slate
10.6.2 Brick
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cultured Stone Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cultured Stone Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cultured Stone Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cultured Stone Market Size Forecast by Type
11.6.1 Slate
11.6.2 Brick
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cultured Stone Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cultured Stone Analysis and Forecast
12.1 Introduction
12.2 Latin America Cultured Stone Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cultured Stone Market Size Forecast by Type
12.6.1 Slate
12.6.2 Brick
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cultured Stone Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cultured Stone Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cultured Stone Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cultured Stone Market Size Forecast by Type
13.6.1 Slate
13.6.2 Brick
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cultured Stone Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cultured Stone Market: Competitive Dashboard
14.2 Global Cultured Stone Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CSR
14.3.2 Boral
14.3.3 Owens Corning
14.3.4 Coronado Stone Products
14.3.5 ProVia
14.3.6 ENVIRONMENTAL STONEWORKS
14.3.7 Centurion Stone
14.3.8 Belgard
14.3.9 APE Group
